Hearing Aid Clinics in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hearing Aid Clinics Market Research Report | Life Sciences | Healthcare Services | Jul 2014

Loud and clear: An aging population and greater healthcare access will ring in demand

IBISWorld’s Hearing Aid Clinics market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Amplifon USA Amplifon USA market share
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

The Hearing Aid Clinics industry has contracted slightly during the past five years as declines in insurance coverage and consumer income combined with rising hearing aid prices. During the next five years, however, the industry is expected to improve, largely due to the implementation of the Patient Protection and Affordable Care Act. In addition, the number of individuals suffering from hearing deficiencies is expected to remain high as a result of the diabetes epidemic, the rising use of mobile music devices and an aging US population.... purchase to read more

Industry Report - Industry Key Buyers Chapter

Although market share concentration in the Hearing Aid Clinics industry has increased over the past five years, it still is at a low level. Most firms have very little market share and employ fewer than five people. IBISWorld estimates that in 2014, the four largest firms will account for less than 15.0% of industry revenue.

Major retailers such as Costco have increased market share by charging far less for hearing aids than independent audiologists. Costco is able to do this because its high volume purchases reduce its costs per unit; also, the company can operate with lower profit margins because of its high sales volume. Market share concentration has also risen for the overall industry due to an increase in corporately owned locations and branded distribution locations... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Hearing Aid Clinics Industry?

This industry retails hearing aids for consumers of all demographics and ages. Industry operators also frequently provide hearing tests and consultation services within the store.

Industry Products
Analog hearing aidsDigital hearing aidsBatteries and accessories
Industry Activities
Selling hearing aid devicesProviding audiology examinationsProviding hearing consultation services

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